HKEX Adds Six New Stock Futures Contracts and Stock Option Classes

Hong Kong Exchanges and Clearing Limited (HKEX) recently announced that it will offer six new stock futures contracts and six new stock option classes with effect from 10 January 2022.

As detailed in the official announcement, HKEX recorded strong growth in the trading of stock futures and stock options this year. In the first 11 months, there were 2,243,181 stock futures contracts and 148,249,463 stock options contracts traded, showing 96 per cent and 13 per cent increase from the full year volume in 2020 respectively, both setting new records.

The Commission Levy of the new stock futures contracts will be waived for the first six months upon the commencement of trading.

New Futures Contracts and Option Classes to be introduced:

• Xinyi Glass Holdings Limited (868) 

• Xinyi Solar Holdings Limited (968)

• Ganfeng Lithium Company Limited (1772)

• COSCO Shipping Holdings Company Limited (1919)

• Li Ning Company Limited (2331)

• China Molybdenum Company Limited (3993)

In December, ​HKEX has also announced the launch of the first Exchange Traded Funds (ETFs)​ to track the MSCI China A 50 Connect Index. According to the press release, a total of three new ETFs that track the index are listing on HKEX, available in HKD, USD and RMB counters.